miércoles, 9 de enero de 2019

Chile's copper production to exceed 6 million tonnes for first time in 2019

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Mining News Digest
Wednesday 9 January 2019
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Production of the red metal, the agency says, could reach a record of 7.25 million tonnes as early as 2025.

The London Metal Exchange index slumped to a one-and-a-half year low of 2730.1 on Jan. 3.

Lucara aims to recover between 300,000 and 330,000 carats from Karowe this year.

The Canadian gold miner announced record gold for both 2018 and the fourth quarter of the year, thanks mainly to higher-than-expected output at its Australian Fosterville mine as well as its Ontario-based Macassa and Taylor operations.

Tahoe shareholders also approved the arrangement.

Use of sea water, both desalinated and direct from the ocean, to increase by 230% over 2018 levels.

DriftMaster rods and bits are designed for added endurance and strength in the most demanding tunneling, bolting, and drifting applications.

A prolonged spat between the government and gold producer Acacia over a $190 billion tax bill has severely limited the company's operations in the East African nation.

A request was made by plaintiffs in a wartime forced labour case to seize part of the local assets.

Overseas purchases fell to 762 metric tons in 2018, a 20 percent slump from the previous year.

Shortages of the metal used in autocatalysts for gasoline-fueled vehicles sent its price to yet another all-time high.

In December alone, gold-backed ETFs globally rose 3 percent, adding 76 tonnes worth $3.1 billion.

IPV is based in Dresden, and reported revenues of about 5.7 million in 2017.

The company's Cobre Panama is a large open-pit copper project 120 km (74.6 miles) west of Panama City and 20 km from the Caribbean Sea coast.

Defiance Silver Corp and ValOro Resources completed a friendly merger.

The Vancouver miner has high hopes for its Esperanza project.

The company believes the anomaly represents a deeper feeder source to the gold zone it just drilled.

The U.S. Treasury has said it would lift sanctions on Rusal this month after a restructuring.

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